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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 23, 1971
Page
2
The Dow fell 3.76 to 881.10 as profit taking and tax selling pressured stocks. The NYSE saw decliners beat gainers nearly 2 to 1 while the AP 60 stock average dropped 0.9 to 320.2 amid mixed sector moves and a halt in NL Industries trading over titanium pigment news.
The article lists a series of wartime updates including the Riate family belief of Sgt Afono Ray Riate being dead after 60 days missing in action, and a Christmas letter received by Army Dr Maj Floyd Harold Kushner’s wife from New York. It also notes 343 Vietnamese acknowledged prisoners, four newly captured Americans, and a medical transfer for seven patients from burning metal to Lake Charles Hospital.
President Bhutto widens a military purge retiring navy chief Vice Adm Muzaffar Hasan Hafiz Ahmad and several senior officers. He also dismisses army generals as part of a broader shakeup following the war with India. In India, West Bengal says nine million East Bengalis will return home to Bangladesh within two months with aid.
Fidel Castro announced in Havana that 28 crewmen from two ships seized by Cuba would be released, while denouncing US pressure and vowing no concessions to Washington. He said the naturalized American captain of one vessel is a confessed CIA agent to face revolutionary justice. Castro attacked Nixon over alleged Cuban exile attacks and asserted ongoing hard line against what he called pirate ships.
Prime Minister Heath flew secretly to Northern Ireland to visit British troops amid the IRA campaign. He toured Londonderry by helicopter and kept details secret to protect against possible IRA attacks. Heath planned no political consultations, with a social call expected on premier Brian Faulkner.
Irish troops battled rock throwing mobs in Ballyshannon County Donegal after police arrested IRA leaders. Rioters threatened to overwhelm 300 police, the army dispersed crowds after five hours with no serious injuries. Across the border bombs hit a Londonderry bank and bar. British troops reported gunfire in West Belfast.
A blast at the perchloro ethylene and trichloroethylene unit at PPG in Lake Charles injured seven, damaged a tower, and demolished one car after flaming metal sprayed the area. The 4:33 a.m. explosion was linked to the unit's level control service. Maintenance lines were being installed elsewhere in the plant.
Commission chairman Grayson says insurers cannot raise rates to cover last year's losses while rate guidelines avoid profit boosts. Nixon signs retroactive pay bill extending economic controls to 1973. AFL CIO and NEA praise, wage increases delayed for freeze period. Rent guidelines give a 2.5 percent annual residential rent increase starting Dec 29 with broader controls.
During practice at their home field the University of Oklahoma Sooners consume 70 gallons of iced tea and 40 to 50 gallons of lemonade each day.
A gunman robbed the Eutaw branch of First Union National Bank in Fayetteville North Carolina just before 1 p.m. tying four female workers with their own pantyhose and locking them in a restroom. No amount was released. This follows a $260 Cross Creek Savings and Loan robbery the prior Friday, and marks the 41st statewide robbery of the year.
The Pittsburgh Steelers completed the 1945 season without a single passing touchdown scored.
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